Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.5
Auction ID:610847
Bank Name:Indian Overseas Bank
Branch Name:Hanamkonda Branch
Reserve Price:₹21,22,000
EMD:₹2,12,200
Bid Increment:₹20,000
Auction Time:11 A.M. to 1.00 P.M.
Service Provider:BAANKNET
Important Dates
Submission Date:2025-11-17
Bid Start Date:2025-11-18
Property Description
This is a residential plot located in Dharmasagar, Warangal, Telangana. The property is being auctioned by the Indian Overseas Bank under the SARFAESI Act. It is an excellent opportunity to acquire land in a developing area. The plot is suitable for residential construction.
State:Telangana
City:Warangal
Area:Dharmasagar
Asset Category:Residential
Full Address:9, Sy.No.358 of Rampur Revenue Village, Dharmasagar Mandal, Warangal District of Telangana State 506151, Dharmasagar, Warangal
Size:312 SqYds
Auction Description
Indian Overseas Bank is conducting a SARFAESI auction for a residential plot in Dharmasagar, Warangal, Telangana. The auction will take place on November 18, 2025, from 11:00 AM to 01:00 PM. The reserve price is INR 21,22,000, with an Earnest Money Deposit (EMD) of INR 2,12,200. This is a prime opportunity for investors and individuals looking to build their dream home.
Borrower Name:M/s. ROOPA SAI AGENCIES
Auction Type:SARFAESI Auction
Guarantor Names:Mrs. SIVVA RADHIKA
Legal Details
Possession Status:Physical
Encumbrance Details:Nil
Why This Property
The plot in Dharmasagar, Warangal, presents a reasonable opportunity given its location and size. The reserve price seems fair, but potential investors should investigate local market conditions. Overall, it's a calculated opportunity, depending on specific development plans.
Contact Details
Branch:Branch Office : Hanamkonda Branch
Service Provider:BAANKNET
Contact Details:
Contact no:8925950173
